ESG (Environmental, Social, and Corporate Governance) is a big deal in business these days but why is that? What exactly is ESG? Are you taking the right steps to benefit from it? In this blog, I will review ESG, how it interacts with CSR (Corporate Social Responsibility), and how this rapidly...
This past August, I attended ASD Market Week in Las Vegas, a sprawling event offering buyers many wholesale retail products. Amid the buzz of closing deals for low-cost goods and gadgets, one trend stood out to me: the rapid rise of artificial intelligence (AI) in the importing process. AI was...
Importing from China has never been a decision made overnight. Importers have many options to weigh and lots of research to do when considering moving their supply chain to China. One barrier has always been – how? What is the best approach to buying from China? The best approach to...
If your business relies on China sourcing, there’s a good chance you’ve waited more than three years for an in-person visit and this has affected your supply chain management in China. Now, the time has come. China has eased its travel restrictions and has ended its zero-Covid policy – but...
For those involved with global sourcing, we trust you experienced three unusual years since Covid broke out at the end of 2019. If you have been sourcing high volumes of “Made in China” goods, do you trust China more or less given the challenges that emerged alongside Covid? From our...
Build your own factory or work with an existing factory? Now, this is a very pressing question. Simply put, if everything is done efficiently; the more of the supply chain you own/control, the cheaper the overall product should be to produce. Using this logic if you plan to have a...
The Battle of the bonbons Ever since the People’s Republic of China opened up to the world in the 1980s countless foreign companies have taken their business east. Companies quickly acknowledged the opportunities to take benefit of the world’s largest potential supply market. Successes were achieved by many, who saw...
It is quite shocking really when you think about the number of parts needed to make a guitar; almost like one of those flat-pack Ikea desks except the end product is much more fun to play with. Building a guitar is generally quite straightforward (with the right knowhow) at the...